Broadcom, Shinhan Financial Group Co., Ltd., Costco are the ones to read about today.

Markets did not have a clear cut direction — Dow Jones closed the day at 33,431, having gained 0.12%. Nasdaq closed at 11,676 after a flat day.

3Rd quarter earnings season is mostly over, with Marvell Technology Group Ltd & Best Buy Co Inc releasing their earnings reports just this week.

What is an earnings report?

An earnings report is an official statement of a company's profitability over a certain period of time. These reports are typically announced once a quarter, and their timing is considered when making predictions about the market due to the large impact they have on it.

Markets are flat and stocks have released their quarterly earnings reports. Here is an update on what to look out for.

Broadcom | Extends $39.35 since strong earnings report Thursday

Broadcom released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 9.83 per share on revenue of $8.91 billion, topping estimates of 9.38 per share on revenue of $8.90 billion. Since the release of its earnings report, Broadcom gained 6.63%.

Without a clear direction, Broadcom closed at $632.92 while ranging between $631.78 and $644.05. Daily trading volume (2.50 million shares) was slightly greater than the current multiday average of 2 million.

Shinhan Financial | Retains downward momentum since earnings report Thursday

The company reported earnings of 0.68 per share and revenue at $4.92 trillion. Since the release of its earnings report Thursday, Shinhan Financial lost 3.93%.

The investment banking and insurance firm has recovered almost all of its session losses after dipping down to $28.45 yesterday.

Approximately a month ago, the investment banking and insurance firm reached a significant high of $36.62 but has struggled to hold onto its gains and declined 21.46% since then. So far this year, it has been under-performing the Nasdaq by 7.2%. The Korean fintech company's market cap currently stands at $14.54 billion with an average daily volume of 129,211 shares.

Costco: mixed results

Costco reported earnings results Thursday, with EPS at 3.3 and revenues at $54.44 billion; these results are mixed when compared to a consensus of 3.2 Earnings Per Share and $55.44 billion revenue. Since the release of its earnings report, Costco gained 0.92%.

Costco ended Friday at $475.26. yesterday it went up to $488.82 only to drop back, yet still managed to close at $483.08.

The wholesale company has managed to gain 6.69% so far this year despite trading at lows around $416.43 previously. So far this year, it has been doing worse than the Nasdaq by 4.45%. The company has a market cap of $214.36 billion with an average daily trading volume of 1.89 million shares.

Elastic: EPS of -0.39, Revenue of $274.57 million

Elastic trades at $62.36 after the company released its quarterly results.

The US-Dutch search company has recovered almost all of its session losses after dipping down to $61.75 yesterday. Daily trading volume (1.50 million shares) was above the current multiday average of 1.11 million.